To dissolve my assumptions that I will enjoy cheaper gas in Malaysia, I have done some calculations.

Given that

1 liter = 0.264172052 US gallons
1.00 MYR = 0.276028 USD (From xe.com at 3:40PM EST)

Current gas price in Malaysia = RM2.00 per liter Source

Current gas price in USA = USD2.047 per gallon Source

We then convert liter to gallon

RM2/liter = RM7.57/gallon

Next, convert RM to USD

RM7.57/gallon = USD2.089/gallon

USD2.089/gallon - Malaysia
USD2.047/gallon - USA

Save for the few pennies’ difference, Malaysians are paying just as much as Americans for a gallon of gas.

Did I make a mistake? Any opinions?

UPDATE: Well, as of Dec 3 08, gas in America has fallen to about $1.85 a gallon. So, yeah.